Capital Gains Account Scheme (CGAS) is now available

 

 

Capital Gains Account Scheme   Facilitates reinvestment of capital gains

We are pleased to inform you that ICICI Bank is now offering the Capital Gains Account to help you save tax and reinvest with ease. The Capital Gains Account Scheme (CGAS) offers you the convenience of parking funds from the sale of property and claiming exemption under the Income Tax Act. Benefits of the scheme: Holds proceeds from property or fixed asset sales for up to 3 years (depending on purchase or construction) Claim tax exemption while awaiting reinvestment Flexibility to open Savings Account and Fixed Deposit Earn interest on parked funds. Simply visit any ICICI Bank Branch (except rural locations) with your Sale Deed to open a Capital Gains Account, starting from Jan 1, 2026.

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